Faculty Publications

Crowd of Black Lives Matters demonstrators marching in the street.

Feature: The Democratic Necessity of Reckoning

Erica Chenoweth reviews scholarship that overwhelmingly shows the Black Lives Matter movement generated high levels of public awareness about systemic racism and increased support for criminal justice reform.

Electronic stock ticker board with numbers and arabic letters.

Feature: Against Rule-of-Thumb Economics

Dani Rodrik argues against neoliberalism’s universal rule-of-thumb approach and for economic analyses grounded in contextual dependencies.

Several hands of team members covering one another in a huddle above a work table.

Feature: Leaders’ Psychological Bravery

Dana Born explores what skills leaders need to cultivate psychological safety on their teams and across their organizations.

Dollars and Euros piled on top of one another.

Feature: Dollar vs. Euro as International Reserve Currencies

Jeffrey Frankel explores the strengths and weaknesses of using the Dollar and the Euro as international reserve currencies.

Harvard Kennedy School faculty disseminate their research in working publications and papers that contribute to public knowledge and fuel policy innovation. This list features recent faculty publications, including journal articles, books, edited volumes, research papers, and public testimony.

Faculty Publications

Associations Between Annual Medicare Part D Low-Income Subsidy Loss and Prescription Drug Spending and Use

Fung, Vicki, Mary Price, David Cheng, Tej A. Patel1, Zhiyou Yang, John Hsu, Margarita Alegria, and Joseph P. Newhouse. "Associations Between Annual Medicare Part D Low-Income Subsidy Loss and Prescription Drug Spending and Use." JAMA Health Forum 5.2 (February 2024): e235152.

Tax Equity in Low- and Middle-Income Countries

Bachas, Pierre, Anders Jensen, and Lucie Gadenne. "Tax Equity in Low- and Middle-Income Countries." Journal of Economic Perspectives 38.1 (Winter 2024): 55-80.

Cost of Exempting Sole Orphan Drugs From Medicare Negotiation

Vogel, Matthew, Olivia Zhao, William B. Feldman, Amitabh Chandra, Aaron S. Kesselheim, and Benjamin N. Rome. "Cost of Exempting Sole Orphan Drugs From Medicare Negotiation." JAMA Internal Medicine (November 27, 2023).

Community influence on microfinance loan defaults under crisis conditions: Evidence from Indian demonetization

Adbi, Arzi, Matthew Lee, and Jasjit Singh. "Community influence on microfinance loan defaults under crisis conditions: Evidence from Indian demonetization." Strategic Management Journal (October 25, 2023).

Informality, Consumption Taxes, and Redistribution

Bachas, Pierre, Lucie Gadenne, and Anders Jensen. "Informality, Consumption Taxes, and Redistribution." The Review of Economic Studies (21 September 2023): 1-31.

Debt Distress on China's Belt and Road

Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Christoph Trebesch. "Debt Distress on China's Belt and Road." AEA Papers and Proceedings 113 (May 2023): 131-34.

Challenges of effective governance for sustainable development at subnational government levels: introduction to this thematic issue of Public Sector Economics

Aiyar, Yamini, Rolf Alter, and Linda J. Bilmes. "Challenges of effective governance for sustainable development at subnational government levels: introduction to this thematic issue of Public Sector Economics." Public Sector Economics Journal (December 2022): 456-458.

Why Did (Almost) No One See the Inflation Coming?

Furman, Jason. "Why Did (Almost) No One See the Inflation Coming?" Intereconomics 57 (2022): 79-86.

Tax Administration versus Tax Rates: Evidence from Corporate Taxation in Indonesia

Basri, M. Chatib, Mayara Felix, Rema Hanna, and Benjamin A. Olken. "Tax Administration versus Tax Rates: Evidence from Corporate Taxation in Indonesia." American Economic Review 111.12 (December 2021): 3827-3871.

Measuring Bias in Consumer Lending

Dobbie, Will, Andres Liberman, Daniel Paravisini, and Vikram Pathania. "Measuring Bias in Consumer Lending." The Review of Economic Studies 88.6 (August 2021): 2799-2832.

Comparison of toll and annuity PPPs: a case study of highway projects in India

Mangu, Samhita, Thillai Rajan Annamalai, and Akash Deep. "Comparison of toll and annuity PPPs: a case study of highway projects in India." Built Environment Project and Asset Management 11.1 (February 2021): 103-120.

Creating Public Value: The Core Idea of Strategic Management in Government

Moore, Mark H. "Creating Public Value: The Core Idea of Strategic Management in Government." International Journal of Professional Business Review 6.1 (January 2021): 219.

La depresión de la pandemia: la economía mundial nunca volverá a ser la misma

Reinhart, Carmen, and Vincent Reinhart. "La depresión de la pandemia: la economía mundial nunca volverá a ser la misma." Foreign affairs: Latinoamérica 21.1 (January 2021): 106-114.

The Crisis Opportunity: What It Will Take to Build Back a Better Economy

Furman, Jason. "The Crisis Opportunity: What It Will Take to Build Back a Better Economy." Foreign Affairs 100.1 (January/February 2021): 25-35.

Rising student loan burdens and what to do about them

Dynan, Karen. "Rising student loan burdens and what to do about them." Business Economics 55 (June 2020): 129-133.

Bad Credit, No Problem? Credit and Labor Market Consequences of Bad Credit Reports

Dobbie, Will, Paul Goldsmith-Pinkham, Neale Mahoney, and Jae Song. "Bad Credit, No Problem? Credit and Labor Market Consequences of Bad Credit Reports." Journal of Finance 75.5 (June 2020): 2377-2419.

National Fiscal Policies to Fight Recessions in US States

Dynan, Karen, and Douglas Elmendorf. "National Fiscal Policies to Fight Recessions in US States." AEA Papers and Proceedings 110 (May 2020): 131-136.

The Crisis Next Time: What We Should Have Learned from 2008

Reinhart, Carmen, and Vincent Reinhart. "The Crisis Next Time: What We Should Have Learned from 2008." Foreign Affairs 97.6 (November/December 2018): 84-97.

The Decline, Rebound, and Further Rise in Snap Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes

Ganong, Peter, and Jeffrey B. Liebman. "The Decline, Rebound, and Further Rise in Snap Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes." American Economic Journal: Economic Policy 10.4 (November 2018).

Alma-Ata at 40 Years: Reflections from the Lancet Commission on Investing in Health

Watkins, David A., Gavin Yamey, Marco Schäferhoff, Olusoji Adeyi, George Alleyne, Ala Alwan, Seth Berkley et al. "Alma-Ata at 40 Years: Reflections from the Lancet Commission on Investing in Health." The Lancet 392.10156 (October 2018): 1434-1460.

Secular Stagnation and Macroeconomic Policy

Summers, Lawrence H. "Secular Stagnation and Macroeconomic Policy." IMF Economic Review 66.2 (June 2018): 226–250.

Taxes for Health: Evidence Clears the Air

Summers, Lawrence H. "Taxes for Health: Evidence Clears the Air." The Lancet 391.10134 (May 2018): 1974-1976.

The Permanent Effects of Fiscal Consolidations

Fatas, Antonio, and Lawrence H. Summers. "The Permanent Effects of Fiscal Consolidations." Journal of International Economics 112 (May 2018): 238-250.

Capital Controls: Myth and Reality

Magud, Nicolas E., Carmen M. Reinhart, and Kenneth S. Rogof. "Capital Controls: Myth and Reality." Annals of Economics and Finance 19.1 (May 2018): 1-47.

Macroeconomic Effects of the 2017 Tax Reform

Barro, Robert J., and Jason Furman. "Macroeconomic Effects of the 2017 Tax Reform." Brookings Papers on Economic Activity (Spring 2018).

The Economic Implications of Housing Supply

Glaeser, Edward L., and Joseph Gyourko. "The Economic Implications of Housing Supply." Journal of Economic Perspectives 32.1 (Winter 2018).

Measuring Individual Economic Well-Being and Social Welfare within the Framework of the System of National Accounts

Jorgenson, Dale W., and Paul Schreyer. "Measuring Individual Economic Well-Being and Social Welfare within the Framework of the System of National Accounts." Review of Income and Wealth 63.s2 (December 2017).

Consumer Bankruptcy and Financial Health

Dobbie, Will, Paul Goldsmith-Pinkham, and Crystal Yang. "Consumer Bankruptcy and Financial Health." Review of Economics and Statistics 99.5 (2017): 853-869.

Why Sociologists Matter in the Welfare Reform Debate

William Julius Wilson. "Why Sociologists Matter in the Welfare Reform Debate." Contemporary Sociology 46.6 (November 2017): 627-634.

Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement

Liebman, Jeffrey B., and Neale Mahoney. "Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement." American Economic Review 107.11 (November 2017): 3510-3549.

How Lawyers Can Help Macroeconomists in the Wake of Three Major Challenges

Furman, Jason. "How Lawyers Can Help Macroeconomists in the Wake of Three Major Challenges." Yale Journal on Regulation 34 (Fall 2017).

What Is the Potential Growth Rate of the U.S. Economy, and How Might Policy Affect It?

Furman, Jason. "What Is the Potential Growth Rate of the U.S. Economy, and How Might Policy Affect It?" Business Economics 52.3 (July 2017): 158-167.

Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(k) Introductions

Madrian, Brigitte. "Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(k) Introductions." Journal of Public Economics 151 (July 2017): 84-95.

Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(K) Introductions

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Does Front-Loading Taxation Increase Savings? Evidence from Roth 401(K) Introductions." Journal of Public Economics 151 (July 2017): 84-95.

Federal Policy and Economic Growth

Elmendorf, Douglas. "Federal Policy and Economic Growth." Business Economics 52.3 (July 2017): 149–153.

Federal Budget Policy with an Aging Population and Persistently Low Interest Rates

Elmendorf, Douglas, and Louise M. Sheiner. "Federal Budget Policy with an Aging Population and Persistently Low Interest Rates." Journal of Economic Perspectives 31.3 (Summer 2017).

Niveau d'Accès et Investissement dans les Réseaux de Télécommunications

Dogan, Pinar, Marc Bourreau, and Romain Lestage. "Niveau d'Accès et Investissement dans les Réseaux de Télécommunications." Revue Économique 67.HS1 (2016).

Federal Budget Policy with an Aging Population and Persistently Low Interest Rates

Elmendorf, Douglas W., and Louise Sheiner. "Federal Budget Policy with an Aging Population and Persistently Low Interest Rates." Hutchins Center Working Papers (October 2016).

Secular Stagnation and Monetary Policy

Summers, Lawrence H. "Secular Stagnation and Monetary Policy." Review 98.2 (2nd Quarter 2016): 93-110.

Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815–2015

Reinhart, Carmen M., Vincent Reinhart, Christoph Trebesch. "Global Cycles: Capital Flows, Commodities, and Sovereign Defaults, 1815–2015." The American Economic Review 106.5 (May 2016): 574-580.

Tax Farming Redux: Experimental Evidence on Performance Pay for Tax Collectors

Khan, Adnan Q., Asim Ijaz Khwaja, and Benjamin Olken. "Tax Farming Redux: Experimental Evidence on Performance Pay for Tax Collectors." Quarterly Journal of Economics 131.1 (February 2016).

Sovereign Debt Relief and Its Aftermath

Reinhart, Carmen M., and Christoph Trebesch. "Sovereign Debt Relief and Its Aftermath." Journal of the European Economic Association 14.1 (February 2016): 215-251.

How Much Donor Financing for Health is Channeled to Global Versus Country-Specific Aid Functions?

Schäferhoff, Marco, Sara Fewer, Jessica Kraus, Emil Richter, Lawrence H. Summers, Jesper Sundewall, Gavin Yamey, and Dean T. Jamison. "How Much Donor Financing for Health is Channeled to Global Versus Country-Specific Aid Functions?" Lancet 386.10011 (December 2015): 2436-2441.

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